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Canada One Mining Corp. (TSXV: CONE,OTC:COMCF) (OTC Pink: COMCF) (FSE: AU31) (‘Canada One’ or the ‘Company’) is pleased to provide a review of the Company’s 2025 key accomplishments at its 100% owned Copper Dome Project, (‘Copper Dome’, ‘Project’ or ‘Property’), Princeton B.C.

2025 PROJECT HIGHLIGHTS

  • A five-year exploration drilling permit was granted by the British Columbia Ministry of Mining and Critical Minerals
  • Adjacent claim staking of Copper Dome East expanded the Project size to 7,997 ha
  • Acquisition of Copper Dome North, an adjacent property, expanded the Project size to 12,833 ha
  • Fall fieldwork program established 53 field stations with full metadata across the property
  • Rock samples have been sent for assaying
  • Copper sulphides, including bornite and chalcopyrite were observed in several rock samples
  • Key alteration assemblages observed are indicative of proximity to porphyry centers

Peter Berdusco, President and CEO of the Company commented: ‘2025 marked a significant step forward for the Copper Dome Project. The granting of a five-year drilling permit, combined with strategic property expansion to over 12,800 hectares, gives us both the time horizon and land position needed to properly evaluate the system. The identification of copper sulphides, including bornite and chalcopyrite, together with alteration assemblages consistent with porphyry-style mineralization, reinforces our belief that the Project has strong discovery potential. We look forward to receiving rock sample assay results and advancing the Project toward drill-ready status in 2026.’

Year-end Review

The 2025 exploration program at the Copper Dome Project represented a key advancement in the systematic evaluation of the property, highlighted by the receipt of a five-year exploration drilling permit. This permit provides the Company with a defined multi-year framework to plan and execute phased drilling programs, significantly de-risking future exploration timelines.

In parallel, the Company expanded the Project footprint through strategic staking and acquisition of adjacent claims, consolidating a contiguous land package totaling 12,833 hectares. Fall fieldwork established a robust geological foundation, including 53 fully documented field stations, and identified copper sulphide mineralization and alteration assemblages indicative of proximity to porphyry-style mineralization. Rock samples collected during the program have been submitted for assaying, with results expected to further refine geological interpretations and prioritize drill targets.

Upcoming Catalysts

Q1 2026 – Rock sample assay results
January 2026 – Vancouver Resource Investment Conference
January 2026 – AME Roundup 2026
March 2026 – Professional & Developers Association of Canada (PDAC) Convention
Q2 2026 onward – Further exploration activities

About The Copper Dome Project

Copper Dome is located in the lower Quesnel Trough porphyry belt, one of British Columbia’s most prolific mining districts. The Project directly adjoins Hudbay Minerals Inc.’s (TSX: HBM) producing Copper Mountain Mine to the north which hosts Proven and Probable Reserves of 702 million tonnes grading 0.24% Cu, 0.09 g/t Au, and 0.72 g/t Ag (hudbayminerals.com). Multiple mineralized zones have been identified across the Property, with historical drilling confirming high-grade copper associated with northeast-trending structures similar to those hosting mineralization at Copper Mountain.*

The Project benefits from excellent infrastructure, enabling year-round access, cost-efficient exploration, and a stable, low-risk jurisdiction.

Historical Work Completed

  • Geophysics: 51 km of induced polarization (IP); airborne magnetic and electromagnetic (EM) coverage over ~50% of the Property
  • Sampling: 2,253 soils and 378 rocks collected
  • Drilling: 8,900+ m of diamond drilling
  • Trenching: Over 1 km excavated

With a five-year drill permit in place, the Company is focused on advancing the Project toward drill-ready target definition.

* Management cautions that past results, discoveries and mineralization on Copper Mountain are not necessarily indicative of the results that may be achieved on Copper Dome.

About Canada One

Canada One Mining Corp. is a Canadian junior exploration company focused on the discovery of copper-the critical metal powering the global energy transition. The Company advances projects from discovery through to resource definition with disciplined data-driven exploration and responsible practices. Its flagship Copper Dome Project, near Princeton, British Columbia, targets a porphyry copper-gold system in an established mining district. Canada One aims to deliver sustainable growth and long-term value for shareholders and local communities.

Acknowledgement

Canada One acknowledges that the Copper Dome Project is located within the traditional, ancestral and unceded territory of the Smelqmix People. We recognize and respect their cultural heritage and relationship to the land, honoring their past, present and future.

Qualified Person

The technical information contained in this news release has been reviewed and approved by David Mark, P.Geo., an independent Qualified Person for the purposes of National Instrument 43-101.

Contact Us

For further information, interested parties are encouraged to visit the Company’s website at www.canadaonemining.com, or contact the Company by email at info@canadaonemining.com, or by phone at 1.877.844.4661.

On behalf of the Board of Directors of

Canada One Mining Corp.

Peter Berdusco
President
Chief Executive Officer
Interim Chief Financial Officer

Forward-Looking Statements

This press release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

TSX Venture Exchange Disclaimer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Investor Insight

Centurion Minerals offers investors an early-stage entry point into a strategically located gold exploration company positioned within one of North America’s most prolific and active mining districts. With a restructured corporate foundation, and a highly experienced geological and corporate finance team, the company is primed for value-creating discoveries.

Overview

Centurion Minerals (TSXV:CTN) is a Canadian exploration company focused on the acquisition, exploration and development of precious metals projects in the Americas.

Location map of the Casa Berardi West property in Northeastern Ontario

The company’s strategy is centered on advancing high-quality, early-stage gold assets through systematic exploration to define drill-ready targets and unlock the discovery potential inherent in its three-part claim package: the Newman, Noseworthy and Hepburn properties. Situated near major operations and new discoveries, these claims benefit from excellent infrastructure, year-round road access and proximity to proven mineralized structural corridors. Centurion intends to increase shareholder value through targeted geophysics, ground truthing and drilling programs designed to reveal new high-grade zones, as well as through potential future acquisitions of complementary gold assets across the Americas.

Backed by a leadership team with decades of exploration, geology, corporate finance and project development experience, Centurion is positioned to capitalize on strong gold market fundamentals and renewed investor interest in junior exploration companies. With a low current valuation and advancing work program, the company provides leverage to both exploration success and broader trends in the gold sector.

Company Highlights

  • Highly prospective gold project in a world-class district located in the central north Abitibi greenstone belt, adjacent to major deposits and producing mines including Hecla Mining’s (NYSE:HL) Casa Berardi mine and Agnico Eagle’s (TSX:AEM) Detour Lake operations.
  • Exceptional closeology advantage, with its Casa Berardi West project situated just 12 km from AMEX Exploration’s (TSXV:AMX) 1.6 Moz “Perron” discovery and along the same structural corridors that have produced multi-million-ounce deposits.
  • Significant historic drilling across the three claim groups, including results up to 38 g/t gold and multiple intervals indicating gold-bearing iron formations and shear zones.
  • Clear exploration strategy including historic data compilation, geophysical surveys, target generation and a planned program to define new mineralized zones.
  • Experienced management and technical team with decades of experience in mineral exploration, and international corporate finance, enhances the potential of uncovering additional exploration opportunities.
  • Low market capitalization and recently reactivated corporate structure, offering investors a low entry point ahead of meaningful upside catalysts.

Key Project

Casa Berardi West Gold Project

The Casa Berardi West project is Centurion’s flagship gold exploration asset, encompassing approximately 6,732 hectares across three contiguous claim groups – Newman, Noseworthy and Hepburn – located 66 km northeast of Cochrane, Ontario. The project sits along structural corridors that host some of the region’s most significant deposits, including Hecla Mining’s Casa Berardi mine (3 Moz past production, plus 4 Moz in reserves and resources), Agnico Eagle’s Detour Lake mine (15 Moz reserve, producing ~659,000 oz of gold per year ), and AMEX Exploration’s Perron discovery (1.6 Moz measured and indicated resource at 6.14 g/t gold).

Location of the three claim groups at Casa Berardi West

Geological Setting & Closeology Advantage

The project is situated within the central north Abitibi Subprovince, an Archean greenstone belt known globally for its prolific endowment of gold and base metals. The claims lie adjacent to geological features associated with multiple major deposits – iron formations, shear zones and VMS trends – creating strong analogues to high-grade gold mines such as the Musselwhite mine in Northern Ontario.

This “closeology” positioning significantly enhances the potential for Centurion’s ground to host similar mineralization.

Historic Results & Target Areas

Historic exploration across the Casa Berardi West project – spanning more than 70 RC and diamond drill holes – has already confirmed the presence of gold-bearing structures and favorable host rocks. Notably, previous work returned multiple samples above 1 g/t gold, including a standout result of 38 g/t gold, demonstrating strong mineralization potential across the claim area.

Significant historic drill results at Newman target

Across the three claim groups, drilling and geophysical surveys have identified key geological features associated with major deposits in the region, including iron formations, shear zones and sulphidized horizons. Several zones of interest remain untested or underexplored, particularly along structural trends that extend from nearby high-grade gold and VMS systems such as the Perron and Normetal areas.

These findings provide Centurion with multiple high-priority target areas for follow-up exploration, forming the foundation for its next phase of geophysical work and upcoming drill targeting.

Management Team

David Tafel – Director, President and CEO

David Tafel brings over 30 years of experience in corporate structuring, strategic planning, financing and executive management across multiple public and private resource companies. He has raised several hundred million dollars for ventures in mining, technology and life sciences, and previously managed private investment funds at Canada’s largest independent securities firm.

Jeremy Wright – Director and CFO

A seasoned financial executive with more than 20 years of experience, Jeremy Wright serves as president & CEO of Seatrend Strategy Group and has held CFO roles across numerous public companies in the resource and technology sectors. His background includes financial management, negotiations and environmental economics, supported by extensive board leadership experience.

Joseph Del Campo – Director

Joseph Del Campo has served as CFO and Interim CEO across several mining companies, including Unigold and First Nickel. With decades of corporate financial leadership and board experience, he contributes deep governance, audit and operational oversight expertise to Centurion’s board.

Mike Kilbourne – Geological Consultant

A veteran geologist with 40+ years of industry experience, Mike Kilbourne has managed over 100,000 metres of drilling across North America and Mexico, worked as a production geologist in multiple mining environments, and generated over 700 exploration targets for private and public companies.

Jamie Lavigne – Geological Consultant

Jamie Lavigne is a senior exploration geologist with more than 30 years of experience in base and precious metals. He has held senior technical roles with major mining companies and specializes in advanced exploration, resource delineation and geological modeling across global mineral belts.

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Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) (‘Surface Metals’ or the ‘Company’) announces that it has completed an agreement with Snow Lake Resources Ltd. dba Snow Lake Energy (NASDAQ: LITM) (‘Snow Lake’) to sell its remaining 49% interest in 37 mineral claims in south-eastern Manitoba for total consideration of $650,000.

Pursuant to an option agreement dated January 29, 2024 between Surface Metals and Snow Lake, Surface Metals granted to Snow Lake an option to earn up to a 90% undivided interest in the following mineral claims located in south-eastern Manitoba (the ‘Properties’):

  1. 21 mineral claims totaling 8,883 acres (3,595 hectares) (the ‘Shatford Lake Mineral Claims’);

  2. 10 mineral claims totaling 5,196 acres (2,102 hectares) (the ‘Birse Lake Mineral Claims‘); and

  3. 6 mineral claims totaling 2,930 acres (1,186 hectares) (the ‘Cat-Euclid Lake Mineral Claims‘).

Snow Lake had previously earned a 51% interest in the Properties under the option agreement, which agreement will terminate upon Surface Metal’s sale of its remaining 49% interest.

The Properties are subject to a 2% gross overriding royalty in favour of Lithium Royalty Corporation (LRC), and Snow Lake acquires Surface Metal’s remaining interest subject to the existing royalty.

About Surface Metals Inc.

Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) is a North American mineral exploration company focused on advancing a diversified portfolio of gold and lithium projects in the state of Nevada, USA. The Company’s Cimarron Gold Project is located in Nye County, Nevada, in a historically productive gold district. Surface’s Clayton Valley Lithium Brine Project hosts an NI-43-101 compliant inferred resource of approximately 302,900 tonnes of lithium carbonate equivalent (LCE) adjacent to Albemarle’s Silver Peak Mine. Surface Metals is also advancing a lithium project in neighbouring Fish Lake Valley, Nevada.

For more information, please visit: www.surfacemetals.com

On behalf of the Board of Directors

Steve Hanson
Chief Executive Officer, President, and Director
Telephone: (604) 564-9045
info@surfacemetals.com

Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute forward-looking information within the meaning of applicable securities laws (‘forward-looking statements’). Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

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Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the ‘Company’ or ‘Nine Mile’) is pleased to announce that the 3rd drill hole in its Wedge Western Extension Drill Program (DDH-WD-25-02B) has been completed.

  • DDH WD-25-02B was collared approximately 60 meters northwest of WD-25-01 and drilled at an azimuth of 325 degrees and a dip of -50 degrees to a final depth of 122 meters further increasing the mineralized footprint of the target to the west (Figure 3).
  • DDH WD-25-02B was successful, with massive copper bearing sulphides (VMS – Cu-Pb-Zn-Ag-Au) found associated with the contact breccia at 56.4m depth with mineralization continuing to 122 meters.
  • The sulphide mineralization in the drill hole occurred in both sediments and volcanics, terminating in massive copper bearing sulphides (VMS – Cu-Pb-Zn-Ag-Au) with visible Chalcopyrite (CuFeS2) as seen in Figure 1.
  • Downhole ground conditions in the fault zone (sand seams, gouge) led to the termination of the drill hole at 122 meters, as we were drilling through a massive copper zone (Figure 1).
  • Most Sample sections between 53.0 and 122.0 meters were 3 meters in length, to provide the best overall data for the drill hole. Smaller sample widths were identified and cut where appropriate.
  • With massive mineralization present at the base of the drill hole, a new drill hole is being designed by the Technical Team, to be initiated from the other side of the fault zone, (New – to be permitted) in Phase 2 – 2026.

FIGURE 1: Visible VMS Quality Mineralization, Massive Chalcopyrite (CuFeS2 ) – Samples cut for Lab Processing

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FIGURE 2: Massive Copper Mineralization Throughout Cut Drill Core in DDH WD-25-02B Sample Section

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FIGURE 3: Drill Hole Locations, WD-25-01, WD-25-02B

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All drill core has been measured, logged, photographed, marked and cut for sampling at the company’s warehouse in Bathurst, New Brunswick. A quick XRF analysis was also completed for sulphide confirmation – filtering and width identification in definition for sampling core for ALS Global. A total of (27) 3 meter sections have been identified for Base and Precious Metals analysis, including Antimony, and have been shipped to ALSGlobal, Moncton, New Brunswick for processing.

Gary Lohman, VP Exploration, Director, stated, ‘Drilling continues to intersect massive copper bearing mineralization in the western portion of the Wedge. The style of the mineralization varies from massive VMS (Cu-Pb-Zn-Ag-Au) to sequences of intercalated volcanics and VMS bands. XRF analysis has confirmed the high presence of copper, and we look forward to obtaining the permits required to drill this high-grade zone from the other side of the fault zone in the spring drill phase. The mineralization just continues to impress. We look forward to testing the thickness of this area of the target zone.’

Patrick J. Cruickshank, MBA, CEO & Director, stated, ‘Our 3rd drill hole, WD-25-02B continues to demonstrate the high-quality mineralization at this deposit and now we are testing the depth on the western flank of the targets. The samples clearly confirm multiple Copper rich zones, and we are systematically drilling the area to help identify the size and scale of this body. We look forward to revisiting this area of the Target Plate in our next phase of drilling, as we were just entering a very impressive high grade copper zone. We now have (3) completed drill holes with all core sample sections delivered ALS Global Labs for ‘Rush’ processing. Our team has been highly motivated to process and ship the drill core quickly for expediated assay results from ALS Global (Moncton).’

The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’) and reviewed and approved by Gary Lohman, B.Sc., PGO., VP Exploration and Director who acts as the Company’s Qualified Person, and is not independent of the Company.

About Nine Mile Metals Ltd.:

Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Wedge VMS Project, Nine Mile Brook VMS Project, California Lake VMS Project, and the Canoe Landing Lake (East – West) VMS Project. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

Social Media

X: @NineMileMetals
LinkedIn: Nine Mile Metals
Facebook: @ Nine Mile Metals

ON BEHALF OF Nine Mile Metals LTD.,

‘Patrick J Cruickshank, MBA’
CEO and Director
T: +1.506-800-0581
E: info@ninemilemetals.com

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as ‘will,’ ‘may,’ ‘would,’ ‘expect,’ ‘intend,’ ‘plan,’ ‘seek,’ ‘anticipate,’ ‘believe,’ ‘estimate,’ ‘predict,’ ‘potential,’ ‘continue,’ ‘likely,’ ‘could’ and variations of these terms and similar expressions, or the negative of these terms or similar expressions. . Forward-looking statements in this press release include that (a) prior to commencing the 2023 exploration drill program, the ground will be mapped at surface and representative samples analyzed to determine the base and precious metal assay values , (b) the Ag and Au values will be reported upon receipt of the certified assay results from ALS Global, and (c) our current financial raise will enable us to drill the Wedge Project (along with our Canoe Landing VMS Project and follow up exploration work on our California Lake VMS Project) this season as opposed to next year. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

____________________________________________________________________________________

The Canadian Venture Building, 82 Richmond Street East, Toronto, ON M5C 1P1 (T) (506) 804-6117
www.ninemilemetals.com

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Here’s a quick recap of the crypto landscape for Monday (December 22) as of 9:00 am UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$89,286.25, up by 2.3 percent over 24 hours.

Bitcoin price performance, December 22, 2025.

Bitcoin price performance, December 22, 2025.

Chart via TradingView

Ether (ETH) was priced at US$3,026.40, up by 3.3 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.92, up by 1.4 percent over 24 hours.
  • Solana (SOL) was trading at US$126.14, up by 2.3 percent over 24 hours.

Today’s crypto news to know

US crypto funds See US$952M outflow amid regulatory delays

Investors pulled US$952 million from U.S. crypto investment products last week, marking the first weekly outflow in a month, according to data from CoinShares.

The exodus was concentrated in the US totaling US$990 million, which was partially offset by modest inflows into Canadian and German products.

Analysts attributed the sell-off to continued delays in the US CLARITY Act, prolonging regulatory uncertainty, alongside concerns about large holders offloading positions.

Ethereum-based funds led the outflows with US$555 million, while Bitcoin products saw US$460 million leave.

Hong Kong moves to unlock insurance capital for crypto investments

Hong Kong’s Insurance Authority has proposed new rules that would allow licensed insurers to invest in cryptocurrencies and related infrastructure, potentially unlocking billions in capital.

According to a Bloomberg report, insurers under the proposed framework would face a 100 percent “risk charge” on direct crypto holdings, meaning a dollar of capital must be set aside for every dollar invested. Stablecoins pegged to fiat would attract lower risk charges.

The initiative aims to attract institutional investors while maintaining prudential safeguards against crypto volatility.

Public consultation on the draft rules is scheduled for February through April 2025, with formal legislative submissions expected later in the year.

Binance allowed high-risk accounts post-plea deal, FT reports

Binance reportedly continued to permit suspicious accounts to operate after its US$4.3 billion U.S. plea agreement in 2023, according to a Financial Times investigation.

Internal files reviewed by the FT showed accounts linked to terror financing networks, improbable login patterns, and failed identity checks remained active, moving billions of dollars in crypto.

One account from Venezuela moved US$93 million, with portions connected to networks tied to Iran and Hezbollah.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; FRA: 3MX) (‘Copper Quest’ or the ‘Company’) is pleased to announce that, further to its news releases of November 14, 2025 and December 10, 2025, it has completed its acquisition of the past producing Alpine Gold Property (the ‘Property’), located in the West Kootenay region of British Columbia (the ‘Acquisition’).

We are excited to offer our shareholders the opportunity to leverage a pure gold play in what has been a primarily copper-focused company. Having now successfully acquired this exceptional property with an existing historical gold resource, excellent expansion potential, and a seasoned technical team, including Alan Matovich, Ted Murano, and John Mirko, we look forward to updating our shareholders on our endeavor towards growing this current historical resource, and the possibility of seeing near-term cash flow from existing stockpiles,’ commented Brian Thurston, CEO of Copper Quest. ‘The Alpine Gold Property presents a tremendous opportunity to create near-term value for our shareholders through exposure to an all-time high gold market while we also continue to advance our multiple copper properties. Our recent financing of approximately two million dollars ensures that our shareholders will benefit from more than one exploration opportunity.’

Highlights of the Alpine Gold Property

  • 2018 National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘NI 43-101’) Historical Inferred Resource of 268,000 tonnes estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au that represents an inferred resource of 142,000 oz of gold (McCuaig & Giroux, 2018).
  • Substantial opportunity to grow the maiden Alpine resource to the east-west and to depth with only about 300m of the roughly 2km long vein system explored to date by underground mine workings and drilling.
  • Estimated 24,000 tonnes Run-of-Mine mineralized stockpile on surface presenting a possible near-term cash flow opportunity.
  • 1,650 metres of clean and dry underground workings accessing sampled and mineable zones.
  • At least four additional relatively unexplored vein systems on the Property (Black Prince, Cold Blow, Gold Crown, and past-producing King Solomon), all hosting historic high-grade gold values.
  • Road accessible 4,611.49-hectare Property including 15 Crown Grants (one with surface rights) and 19 staked mineral claims with all-season operation potential (Figure 1).
  • Additions of Mr. Allan Matovich to the Board of Directors of the Company (the ‘Board‘), and Mr. Ted Muraro and Mr. John Mirko as Technical Advisors on closing. They have a combined mining and exploration experience of 150+ years in the industry.

The 4,611.49-hectare Property is approximately 20 kilometres northeast of the City of Nelson (Figure 1) and hosts a former operating underground mine with a recorded production of approximately 16,810 tonnes of mineralized vein material (Table 1). This material contained 356,360 grams of gold, 222,054 grams of silver, 49,329 kilograms of lead, and 17,167 kilograms of zinc. The other four significant vein systems on the Property will also be explored including the Black Prince and Cold Blow quartz veins approximately 3km to the northeast of the Alpine mine, the Gold Crown vein system 600m southeast, and the past-producing King Solomon vein workings 1.8km to the south. Further information about the Alpine Gold property will be forthcoming in the upcoming weeks.

Location Claim Map

Figure 1: Location Claim Map

Appointment of Mr. Allan Matovich as Director

Copper Quest is also pleased to announce the appointment of Mr. Allan Matovich to the Board. Mr. Matovich has 60+ years of mining and exploration experience in Canada and the United States. He first started with Cominco in Trail, BC, working in the smelter operation. Mr. Matovich then started Matovich Mining Industries, which supplied considerable tonnages of siliceous flux materials, lead and zinc concentrates to Cominco for over 20 years. He then opened a mining operation in 1997 in Northern British Columbia to supply barite for drilling fluids in the oil and gas industry. This mining operation is still in production today. Mr. Matovich also opened a barite operation in Washington State that is going into production. He also worked with Halliburton, Baker Hughes, and Newmont and was very successful. In 2000, Mr. Matovich purchased the Alpine Gold Property and has spent a considerable amount of time proving up the project.

Mr. Matovich commented,I am very pleased to bring the Alpine Gold Property to Copper Quest and join as a director. The Company has a fantastic portfolio of advancing critical mineral projects and the Alpine Gold Project gives a potential near-term cash flow opportunity along with upside to grow the current resource with drilling. I look forward to working with the Copper Quest team to create value for all stakeholders.’

Table 1 – Production History – Minfile (082FNW127) for Alpine Mine for gold (Au) and silver (Ag)

YEAR Tonnes Tonnes Au Grams Ag Grams Est Grade Est Grade
Mined Milled Recovered Recovered Au (g/t) Ag (g/t)
1988 200 90 198 591 2.20 6.57
*1948 16,889 11,384 25.32 17.07
*1947 2,768 1,866 15.38 10.37
*1946 11,042 5,785 18.59 9.74
*1942 56,079 34,182 824.69 502.68
1941 11,517 11,517 219,350 130,011 18.26 11.29
1940 3,992 3,992 57,852 35,333 14.49 8.85
1939 3 0 62 62    
1938 35 0 1,120 902    
1915 4 0   1,938    

*ore milled not reported

Appointment of Mr. Ted Muraro as Technical Advisor to the Board

Mr. Theodore (Ted) W. Muraro has been appointed as Technical Advisor to the Board. Mr. Muraro has accumulated over six decades of experience in mineral exploration, including 35 years with Cominco where he advanced to serve as the company’s Chief Geologist and Internal Consulting Geologist. Early in his career, Mr. Muraro gained underground experience at Keno Hill, HB Mine, Sullivan, and Western Mines.

His tenure at Cominco was marked by direct involvement in the discovery and subsequent successful development of the Westmin Mine at Buttle Lake, the Polaris Mine on Little Cornwallis Island in the high Arctic and Snip Mine on the Iskut River. Following his service at Cominco, Mr. Muraro assumed the role of Vice President, Exploration at Romanex and International Barytex Resources, contributing his expertise to international gold projects.

Mr. Muraro, who was awarded the Spud Huestis award in 2021 for his outstanding contributions to the industry and excellence in exploration, worked as an independent consultant (T.W. Muraro Consulting 1993-2016) on base metal and gold exploration projects around the world until his retirement in 2016. In these later years, he served on several boards as Director and/or Advisor, most recently with Imperial Metals. Mr. Muraro’s working relationship with Al Matovich started in the Rossland Mining Camp and shifted to the Alpine Property in the late 80s.

Appointment of Mr. John Mirko as Technical Advisor to the Board

Mr. John Mirko has been appointed as Technical Advisor to the Board. Mr. Mirko has over 40 years’ experience in the mining industry, including as past President and Founder of Canam Alpine Ventures Ltd. (recently sold to Vizsla Resources Ltd., a TSX Venture Exchange listed company), and currently as President and Founder of Canam Mining Corp. and Rokmaster Resources Corporation.

From 1986 to 2010 Mr. Mirko founded and served as CEO, President, and Director of four public mineral exploration companies and founded and served as Director of three other companies. He has been self-employed in the sector since 1972 as a prospector, contractor, and consultant involved in the exploration, development, and mine construction of various projects in 12 counties, and commercial production of mineral concentrates and metal products from five of the projects.

In 2008, he was a recipient of the ‘E. A. Scholtz Medal for Excellence in Mine Development’ from the Association for Mineral Exploration of British Columbia, and in 2009, the Mining Association of British Columbia’s ‘Mining and Sustainability Award’ for the MAX Mine. He is currently a member in good standing of the Society of Economic Geologists, Inc., the Canadian Institute of Mining, Metallurgy and Petroleum, the Prospectors and Developers Association of Canada and AME BC.

Transaction Details

The Company has purchased of all the minerals claims and crown grants that comprise the Property from 0847114 B.C. Ltd. (‘Privco‘), a private company. As consideration for the Property, Copper Quest has issued an aggregate of 14,177,517 common shares in its capital (the ‘Shares‘) at a deemed price of $0.135 per Share for deemed consideration of $1,913,964.80 to Privco.

The Shares are subject to a statutory hold period expiring April 19, 2026, being the date that is four months and one day from the date of issuance in accordance with applicable Canadian securities legislation. In addition, the Shares are subject to further trading restrictions as the Shares will be released in stages over the next 24 months, such that (i) 2,362,920 Shares will be released April 19, 2026; (ii) 2,362,919 Shares will be released August 19, 2026; (iii) 2,362,920 Shares will be released December 19, 2026; (iv) 2,362,920 Shares will be released April 19, 2027; (v) 2,362,920 Shares will be released August 19, 2027; and (vi) the final 2,362,920 Shares will be released December 19, 2027.

Copper Quest will also reimburse Privco a total of $225,000 towards 2025 expenditures incurred on exploring the Property and has granted a 2% net smelter returns royalty (the ‘Royalty‘) to Privco on all minerals mined, produced, or otherwise recovered from the Property. The Company retains the right to purchase half of the Royalty in consideration of $1,000,000 paid to Privco at any time.

Subject to the approval of the Canadian Securities Exchange, a finder’s fee of 587,212 common shares of the Company (the ‘Finder’s Shares‘) is applicable in connection with the acquisition of the Property. The Finder’s Shares will be subject to a statutory hold period of four months in accordance with applicable Canadian securities legislation. It is anticipated that the Finder’s Shares will be issued on or about December 31, 2025.

Debt Settlement Transactions

The Company also wishes to announce it intends to issue 218,620 common shares of the Company (the ‘Debt Settlement Shares‘) at a deemed value of $0.15 per Debt Settlement Share in order to satisfy an aggregate of $32,793 in outstanding debt for services previously provided to the Company.

The Debt Settlement Shares will be subject to a statutory hold period of four months in accordance with applicable Canadian securities legislation. It is anticipated that the Finder’s Shares will be issued on or about December 31, 2025. The issuance of the Debt Settlement Shares is subject to the receipt of all required approvals, including the approval of the Canadian Securities Exchange.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.

Qualified Person

Brian Thurston, P.Geo., the Company’s CEO and a Qualified Person as defined by NI 43-101 has reviewed and approved the technical information in this news release.

ABOUT Copper Quest Exploration Inc.

Copper Quest (CSE: CQX,OTC:IMIMF; FRA: 3MX) is committed to building shareholder value through acquisitions, discovery-driven exploration, disciplined execution, and responsible development of its North American Critical Mineral portfolio of assets. Please visit our website at www.copper.quest.

The Company’s land package currently comprises six projects that span over 40,000+ hectares in great mining jurisdictions as well as the Kitimat Cu-Au Project pending acquisition.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389-hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700-hectare porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest has a 100% interest in the past-producing Alpine Gold Mine located approximately 20 kilometers northeast of the City of Nelson spanning 4,611.49 hectares. Apart from the Alpine Mine the property hosts 4 significant vein systems including the Black Prince and the Cold Blow quartz veins, the Gold Crown vein system, and the past-producing King Solomon vein workings.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements regarding the merits and benefits of the acquisition of the Alpine Gold Property, and the issuance of the Finder’s Shares and Debt Settlement Shares, including the anticipated issuance date thereof, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to obtain the necessary approvals with respect to the issuance of the Finder’s Shares and Debt Settlement Shares, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/818db0aa-2347-40b4-82aa-6b1e2169da3e

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(TheNewswire)

Charbone Hydrogen Corporation

 

Brossard, Quebec, le 22 décembre 2025 TheNewswire – CORPORATION Charbone (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« Charbone » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, est heureuse d’annoncer la livraison réussie du premier chargement d’hydrogène propre UHP à un distributeur indépendant basé en Ontario, marquant le début officiel de la génération de revenus pour sa division de production.

Première livraison d’hydrogène propre UHP vers un client distributeur indépendant en Ontario

Dans le cadre du démarrage commercial, Charbone annonce son tout premier chargement d’hydrogène propre UHP produit à Sorel-Tracy, pour son partenaire distributeur indépendant situé en Ontario. Cette première expédition confirme la capacité de la Société à approvisionner efficacement des marchés hors Québec dès la mise en service initiale.

Ce contrat marque le début d’une nouvelle phase de croissance commerciale pour Charbone, qui prévoit élargir progressivement son réseau de distribution et renforcer sa présence dans les principaux corridors industriels de l’Est du Canada et du Midwest américain. Compte tenu de l’accès limité à un approvisionnement constant et fiable en hydrogène propre UHP sur le marché nord-américain et de la forte demande pour ses produits, Charbone ne divulgue pas les volumes de ses commandes ni les prix afin de préserver sa position concurrentielle. Les revenus issus des activités de production, de distribution et de conseil de Charbone sont présentés trimestriellement sur une base consolidée.

« Nous sommes extrêmement fiers de livrer dès aujourd’hui un hydrogène propre UHP produit localement à nos premiers clients, » a déclaré Dave B. Gagnon, PDG de Charbone. « Il s’agit d’un autre jalon majeur pour Charbone, mais également pour l’industrie de l’hydrogène propre UHP en Amérique du Nord. »

Pour plus d’informations sur la vision de Charbone, la configuration modulaire de ses usines et ses perspectives économiques, veuillez consulter le site web de la société pour accéder aux documents destinés aux investisseurs, notamment la présentation et la fiche d’information. Si vous ne l’avez pas encore fait, nous vous invitons également à visionner le webinaire destiné aux investisseurs, enregistré le 16 décembre 2025, en cliquant sur le lien suivant : https://info.rbmilestone.com/Charbone-webinar-dec-2025.

 

À propos de CORPORATION Charbone

Charbone est un développeur et producteur d’hydrogène propre Ultra Haute Pureté (UHP) doté d’une plateforme de distribution de gaz industriels en pleine expansion. Grâce à une approche modulaire, Charbone se concentre sur le développement d’un réseau d’usines de production d’hydrogène propre en Amérique du Nord et sur certains marchés à l’étranger, en commençant par son projet phare de Sorel-Tracy au Québec. Le modèle intégré de l’entreprise réduit les risques, améliore l’évolutivité et permet de diversifier ses sources de revenus grâce à des partenariats dans le domaine de l’hélium et d’autres gaz de spécialités. Charbone s’engage à soutenir la transition mondiale vers une économie bas carbone en fournissant des solutions d’hydrogène propre et de gaz de spécialités accessibles et décentralisées, tout en soutenant les clients industriels mal desservis en gaz et en accélérant la transition vers une énergie propre locale. Charbone est coté sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, veuillez visiter www.Charbone.com.

 

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans le rapport de gestion de la Société pour la période terminée le 30 septembre 2025, qui peut être consultée sur SEDAR+ à l’adresse www.sedarplus.ca; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone :

 

Téléphone bureau: +1 450 678 7171

   

Courriel:  ir@Charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

   

 

Copyright (c) 2025 TheNewswire – All rights reserved.

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– Charbone CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘Charbone’ or the ‘Company’), a North American producer and distributor specializing in clean Ultra High Purity (‘UHP’) hydrogen and strategic industrial gases, is pleased to announce the successful delivery of the first load of clean UHP hydrogen to an independent distributor based in Ontario, marking the official start of revenue generation for its production division.

First delivery of clean UHP hydrogen to an independent distributor customer in Ontario

As part of its commercial launch, Charbone announces its very first delivery of clean UHP hydrogen produced in Sorel-Tracy, for its independent distribution partner located in Ontario. This initial shipment confirms the Company’s ability to efficiently supply markets outside Quebec from the outset.

This contract marks the beginning of a new phase of commercial growth for Charbone, which plans to gradually expand its distribution network and strengthen its presence in the main industrial corridors of Eastern Canada and the American Midwest. Given limited access to consistent and reliable clean UHP hydrogen supply in the North American market and strong demand for the Company’s product, Charbone does not disclose purchase order volumes or pricing in order to preserve its competitive position. Revenues from Charbone’s production, distribution, and advisory businesses are reported quarterly on a consolidated basis.

We are extremely proud to begin delivering locally produced clean UHP hydrogen to our first customer today,’ said Dave Gagnon, Charbone’s Chief Executive Officer and Chairman of the Board. ‘This is another major milestone for Charbone, and also for the clean UHP hydrogen industry in North America.

For more information on Charbone’s vision, modular plant configuration, and economic outlook, please visit the Company’s website for updated investor materials including presentation and fact sheet. Also, if you haven’t done so already, please watch the Company’s investor webinar recorded on December 16, 2025 by visiting the following link: https://info.rbmilestone.com/charbone-webinar-dec-2025.

About Charbone CORPORATION
Charbone is a developer and producer of clean Ultra High Purity (UHP) hydrogen with a growing industrial gas distribution platform. Through a modular approach, Charbone is focused on developing a network of clean hydrogen production facilities throughout North America and select markets abroad, starting with its flagship Sorel-Tracy project in Quebec. The Company’s integrated model reduces risk, enhances scalability, and enables diversified revenue streams through partnerships in helium and other specialty gases. Charbone is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions while supporting underserved industrial gas customers and accelerating the shift to localized clean energy. Charbone is listed on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). Visit www.charbone.com.

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Management’s Discussion & Analysis for the period ended September 30, 2025, which is available on SEDAR+ at www.sedarplus.ca; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cision View original content:https://www.prnewswire.com/news-releases/charbone-delivers-its-first-load-of-clean-uhp-hydrogen-in-ontario-302647421.html

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International Lithium Corp. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH) (the ‘Company’ or ‘ILC’) will hold its 2025 Annual General Meeting today, December 22, at 9.30 a.m. Pacific Time. At that meeting, John Wisbey, Chairman and CEO, will make the following statement:

‘Good morning, and welcome to the 2025 Annual General Meeting of International Lithium Corp. (‘ILC’ or the ‘Company’). I would like to share a few comments on the year-to-date and the outlook ahead before proceeding with formalities.

‘In summary, 2025 has been a successful year for ILC, improved further by a major turnround in the lithium market from June onwards. The Company completed the sale of its Avalonia property in Ireland, and made a major advance in Southern Africa through obtaining an option to acquire an 80% interest in the company owning the important Karibib project in Namibia. It is important to note that ILC has become much more than a lithium company, and the expansion into other critical minerals will be especially notable if ILC exercises its option in Namibia. As well as lithium, the Karibib project contains the largest declared rubidium resource in Africa, and also enough cesium that, when refined, would meet a year of global demand. Rubidium and cesium are both valuable critical metals with multiple commercial uses.

‘The year for the lithium market has been one of two halves. In H1 2025, the lithium price, and that of related minerals such as spodumene, continued to be very weak, reaching a low in June of circa 10% of the 2023 highs. This, combined with the resultant impact on share prices, was painful for every company in the lithium sector, including ILC. However, in H2 2025, the position has seen a considerable improvement.

‘While much of the commodity market’s focus has been on gold, silver and platinum, the rebound in lithium prices has not been widely reported and has been largely overlooked. Yet in H2 2025, the spodumene price has risen by more than 100%, outperforming all precious metals. Most of that gain has come in Q4 2025. The main benchmark lithium carbonate price Li2CO3 has risen by around 65% from its June 2025 lows. If this trend continues, it will be very positive for the lithium sector.

‘The Company’s flagship Raleigh Lake project in Ontario, Canada is again, at today’s prices for spodumene, an economically viable project even if ILC were to focus solely on lithium. Moreover, it also carries a significant rubidium resource, and one of ILC’s goals in 2026 is to put a formal economic value on that rubidium resource, as we did in the PEA for lithium two years ago.

‘In September 2025, ILC announced that it had acquired an option to buy Lepidico’s 100% interest in Lepidico Mauritius for C$975,000. This brings with it an 80% interest in the Namibian company that owns 100% of the Karibib Lithium, Rubidium and Cesium project. As announced at the time, this is a major project that has received substantial investment and, indeed, reached the Definitive Feasibility Study stage under JORC in 2020. If the option is exercised, ILC will have a major stake in the largest declared rubidium resource in Africa and one of the largest in the world. There is also enough cesium at Karibib that, when refined, could meet a year of world demand. We are still waiting for the outcome of an arbitration case that Lepidico is engaged in and will decide whether or not to exercise the option shortly after receiving that result.

Lepidico’s 80% ownership of Karibib resulted from its 2019 acquisition of TSXV-listed Desert Lion Energy in exchange for shares and other securities valued at that time at AUD$ 22.9 million (approximately CAD$20.7 million). Since acquiring the company in 2019, Lepidico invested a further AUD$ 12.1 million (approximately CAD$ 10.9 million) in the Karibib project, excluding central group overheads, with a significant portion directed towards drilling, an environmental study and subsequently a Definitive Feasibility Study and a further Resource Estimate.

This project could become highly important to ILC in 2026, and the Company’s Southern Africa strategy will hopefully also be supplemented by progress on the announced Zimbabwe EPO applications.

‘The Company completed the sale of the Avalonia project in Ireland to a subsidiary of its partner, Ganfeng Lithium, whereby ILC also retains a 2% Net Smelter Royalty. The total of C$2.5m generated from this was used to advance the investment in the Namibian project and other ongoing initiatives.

Outlook

‘The good work done in 2025, and the upturn in the lithium market, gives a strong possibility of 2026 being a successful period for ILC. As well as extra work at the flagship Raleigh Lake project in Canada, if ILC exercises its option to buy Lepidico Mauritius, it will, at Karibib in Namibia, have a project that could otherwise have taken several years and tens of millions of dollars to bring a similar greenfield project to the same stage, let alone the time to identify such a project. Karibib would bring ILC not only lithium, but also a world-class resource in rubidium and one of the larger cesium deposits not controlled by a Chinese company.

‘Lithium and spodumene prices are now back up to the level where mine development is economically viable at Canadian prices. If their rise continues, this will be positive for ILC and the lithium industry overall. ILC’s additional focus on rubidium and cesium gives further strings to its bow that could turn ILC into a much larger company.

‘In closing, I would like to take this opportunity to wish all of our valued shareholders, advisors and other stakeholders a Merry Christmas and a happy, healthy and prosperous New Year.’

On behalf of the Company,

John Wisbey
Chairman and CEO
www.internationallithium.ca

For further information concerning this news release, please contact +1 604-449-6520 or info@internationallithium.ca or ILC@yellowjerseypr.com.

_______________________________________________________________________________________

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the likelihood or otherwise of the Company exercising its option on Lepidico Mauritius, the outcome of arbitration involving Lepidico Namibia, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Karibib or Raleigh Lake or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company’s projects, the Company’s budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the Company’s third party earn-out or royalty arrangements, the future demand for lithium, rubidium, cesium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled ‘Risks’ and ‘Forward-Looking Statements’ in the interim and annual Management’s Discussion and Analysis which are available at www.sedarplus.ca. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

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Silver Dollar Resources (CSE:SLV,OTCQX:SLVDF,FSE:4YW) (CSE:SLV,OTCQX:SLVDF,FSE:4YW) is a precious metals exploration company targeting high-grade silver and gold opportunities in Mexico. Its cornerstone asset is the La Joya silver–gold–copper project, situated in the southern Durango–Zacatecas silver belt, one of the most productive silver districts globally.

La Joya has seen substantial historical exploration, with more than 51,600 metres drilled in 182 holes defining several mineralized zones, including the Main Mineralized Trend, Santo Niño, and Coloradito. The company is now revisiting the project with an underground-oriented exploration approach, combining structural interpretation, underground sampling, and a detailed review of historic drill core to pinpoint higher-grade mineralization at depth.

Rock sample and geologist examining a rock formation in Silver Dollar Resources

Beyond La Joya, Silver Dollar owns the Nora silver–gold project in Durango, home to the historic Candy mine and an epithermal vein system that has delivered high-grade surface sampling results. The company also holds an equity stake in Bunker Hill Mining following the divestment of the Ranger-Page project, offering leveraged exposure to the anticipated production restart in Idaho’s Silver Valley in early 2026.

Company Highlights

  • 100 percent owned La Joya project, an advanced-stage silver-gold-copper system in Mexico’s Durango-Zacatecas silver belt
  • La Joya was originally proposed as an open pit in 2013 based on US$24 silver, US$1,200 gold and US$3 copper
  • Strategic shift toward evaluating La Joya’s high-grade underground potential supported by new 3D geological modeling, underground sampling, and drill target development
  • Completed sale of the Ranger-Page project to Bunker Hill Mining, providing equity exposure to a near-term US silver producer
  • Fully funded to carry out planned exploration programs through 2026
  • Largest shareholder is mining investor Eric Sprott, with approximately 17.5 percent ownership
  • Multiple exploration catalysts planned, including drilling at La Joya in early 2026

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